Y Intercept Hong Kong Ltd Makes New Investment in iShares Semiconductor ETF $SOXX

Y Intercept Hong Kong Ltd acquired a new stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,869 shares of the exchange traded fund’s stock, valued at approximately $507,000.

Several other hedge funds have also made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd raised its holdings in iShares Semiconductor ETF by 4,677.9% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 201,722 shares of the exchange traded fund’s stock valued at $48,151,000 after acquiring an additional 197,500 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares Semiconductor ETF by 7.2% during the second quarter. Bank of America Corp DE now owns 2,357,919 shares of the exchange traded fund’s stock valued at $562,835,000 after purchasing an additional 159,203 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its position in shares of iShares Semiconductor ETF by 304.7% during the second quarter. Gerber Kawasaki Wealth & Investment Management now owns 156,338 shares of the exchange traded fund’s stock valued at $37,317,000 after purchasing an additional 117,703 shares during the period. Wellspring Financial Advisors LLC acquired a new position in shares of iShares Semiconductor ETF in the second quarter valued at $25,749,000. Finally, L & S Advisors Inc bought a new position in iShares Semiconductor ETF in the second quarter worth $23,679,000.

iShares Semiconductor ETF Price Performance

SOXX opened at $345.64 on Wednesday. The company has a market capitalization of $20.84 billion, a P/E ratio of 31.84 and a beta of 1.51. The firm’s fifty day moving average price is $319.19 and its two-hundred day moving average price is $285.89. iShares Semiconductor ETF has a fifty-two week low of $148.31 and a fifty-two week high of $363.80.

iShares Semiconductor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.4363 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.75 dividend on an annualized basis and a yield of 0.5%.

iShares Semiconductor ETF Profile

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.